LONDON, May 15 (IFR) - The Republic of France has mandated BNP Paribas, Citigroup, HSBC, JP Morgan and Societe Generale for a 30-year euro-denominated OAT benchmark, according to a lead.
The transaction will be launched by syndication in the near future and have a May 25 2048 maturity. All other primary dealers in the Republic of France government bond market will be invited into the syndicate.
The issuer is rated Aa2/AA/AA/AAA, all with stable outlooks. (Reporting by Robert Hogg, Editing by Helene Durand)